Yesterday in an interview with the FT:
“When it comes to a customs union, I understand why Lib Dem utopianism is so seductive. It took us four years to leave the customs union. Do people really think we can join the customs union quicker than it took to leave the customs union?.. I think at the moment it would be foolish to slip towards what would be simple solutions. What gives me anxiety is growth this year… that gives me more concern than not being in the customs union.”
This morning Business Secretary Peter Kyle tells Davos:
“When it comes to the customs union, you know, we need to be having these conversations as a country about where is the best anchor, what are the best opportunities for Britain’s economy post Brexit. Now, of course, it would be crazy not to engage with the prospect of a customs union. My point is very clear that the challenge that we have as an economy is growth in the short term.”
In typical Labour style Kyle can’t work out if he likes the idea or not. One way to keep the backbenchers on their toes…
Reeves has meanwhile ruled out the idea because it will delete the UK’s trade deals. Unfortunately most of the PLP thinks Britain should sign up for a massive price with no observable benefits….
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